Synalloy To Sell Blackman Uhler Dye Business

Synalloy Corp., Spartanburg, is to sell its Blackman Uhler LLC dye business to an investment
group. The sale will allow the company to focus on reducing debt and reallocating resources to
other business segments.

As a result of the sale, Synalloy's pigment business in Greensboro, N.C., formerly a part of the
Colors Segment, will become a part of the Specialty Chemicals Segments operations in Cleveland,
Tenn., and Spartanburg.